Bad Start On Wall Street
Bad Start On Wall Street!
When the New Year for Wall Street began it looked as investors where ready to get back into stocks. But that’s not the case over these last few days. Wall Street is right back in the declining mood with no stop in sight. Most of our problems right now is related to unemployment reports coming out. The U.S. economy is losing jobs at a rapid pace. Just last year we lost the economy lost 2.6 million jobs. The U.S. economy hasn’t seen a drop like that since 1945 when we lost nearly 2.8 million jobs. As of right now the U.S. is setting at an 7.2 percent unemployment rate, which makes a lot of investors running for cover. I can only hope that things change very soon, because if they don’t we’re all going to be out of a job.
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